New Energy Efficient Home Credit 45L

A federal credit for contractors to build new energy-efficient homes.

New construction or major renovation projects to build energy-efficient homes for up to $5,000 per home. The contractor must own the home and sell or lease the home to a person for use as a residence.

The homes must also be specified categories of single-family (including manufactured) or multifamily homes under Energy Star programs, be in the United States, and meet applicable energy savings requirements based on home type and acquisition date.

The amount of the credit depends on eligibility requirements such as the type of home, the home's energy efficiency, and the date when someone buys or leases the home.

• $2,500 for new single-family homes meeting Energy Star standards.
• $5,000 for single-family zero-energy-ready homes.
• $500 per unit for multifamily homes meeting Energy Star standards
• $1,000 per unit for multifamily zero-energy ready homes

Home builders who construct or reconstruct a qualified new energy-efficient home.

The credit is available through 2032.

Eligible contractors, partnerships, and S corporations must use Form 8908 to claim a credit for each qualified new energy-efficient home sold or leased to another person during the tax year for use as a residence. You must claim the credit during the tax year that the energy-efficient home is sold.

Visit the federal website for more details on what qualifies and how to use the credit.